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OneSoft Solutions (TSXV:OSS) Days Inventory : 0.00 (As of Mar. 2024)


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What is OneSoft Solutions Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). OneSoft Solutions's Average Total Inventories for the three months ended in Mar. 2024 was C$0.00 Mil. OneSoft Solutions's Cost of Goods Sold for the three months ended in Mar. 2024 was C$0.73 Mil. Hence, OneSoft Solutions's Days Inventory for the three months ended in Mar. 2024 was 0.00.

The historical rank and industry rank for OneSoft Solutions's Days Inventory or its related term are showing as below:

TSXV:OSS's Days Inventory is not ranked *
in the Software industry.
Industry Median: 19.18
* Ranked among companies with meaningful Days Inventory only.

OneSoft Solutions's Days Inventory stayed the same from Mar. 2023 (0.00) to Mar. 2024 (0.00).

Inventory Turnover measures how fast the company turns over its inventory within a year.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. OneSoft Solutions's Inventory-to-Revenue for the three months ended in Mar. 2024 was 0.00.


OneSoft Solutions Days Inventory Historical Data

The historical data trend for OneSoft Solutions's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

OneSoft Solutions Days Inventory Chart

OneSoft Solutions Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Dec19 Dec20 Dec21 Dec22 Dec23
Days Inventory
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OneSoft Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of OneSoft Solutions's Days Inventory

For the Software - Application subindustry, OneSoft Solutions's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


OneSoft Solutions's Days Inventory Distribution in the Software Industry

For the Software industry and Technology sector, OneSoft Solutions's Days Inventory distribution charts can be found below:

* The bar in red indicates where OneSoft Solutions's Days Inventory falls into.



OneSoft Solutions Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

OneSoft Solutions's Days Inventory for the fiscal year that ended in Dec. 2023 is calculated as

Days Inventory (A: Dec. 2023 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2022 ) + Total Inventories (A: Dec. 2023 )) / count ) / Cost of Goods Sold (A: Dec. 2023 )*Days in Period
=( (0 + 0) / 1 ) / 2.555*365
=0 / 2.555*365
=0.00

OneSoft Solutions's Days Inventory for the quarter that ended in Mar. 2024 is calculated as:

Days Inventory (Q: Mar. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Dec. 2023 ) + Total Inventories (Q: Mar. 2024 )) / count ) / Cost of Goods Sold (Q: Mar. 2024 )*Days in Period
=( (0 + 0) / 1 ) / 0.73*365 / 4
=0 / 0.73*365 / 4
=0.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


OneSoft Solutions  (TSXV:OSS) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

OneSoft Solutions's Inventory Turnover for the three months ended in Mar. 2024 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

OneSoft Solutions's Inventory to Revenue for the three months ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


OneSoft Solutions Days Inventory Related Terms

Thank you for viewing the detailed overview of OneSoft Solutions's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


OneSoft Solutions (TSXV:OSS) Business Description

Traded in Other Exchanges
Address
10230 Jasper Avenue, Suite 4227, Enterprise Square, Edmonton, AB, CAN, T5J 4P6
OneSoft Solutions Inc is a provider of software solutions for select markets, all of which are developed using Microsoft's new Cloud technologies. Its mission is to acquire, manage and build next-generation software businesses that will provide specialized, mission-critical cloud software solutions to address customer needs. It has developed software technology and products that have the capability to transition legacy, on-premise licensed software applications to operate on the Microsoft Azure Cloud Platform. It seeks opportunities to incorporate Data Science and Machine Learning, business intelligence and predictive analytics to create cost-efficient, subscription-based software-as-a-service solutions. The Company generates it's majority of the revenue from USA..
Executives
David Shong-tak Tam Senior Officer